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Reply #6: As I see it [View All]

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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
Sadie5 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-10-06 12:58 PM
Response to Reply #5
6. As I see it
Everything started unraveling when the CC industry raised interest to sky high rates overnight. Cards that were between 8-14% suddenly jumped to between 23-29%. This added many dollars to the CC bill each month. Along with every other things Bush has done against working people I believe the banking laws which he immediately signed into law, after being placed in office did lasting damage.
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  -The press is all glowing over the "strong economy" WI_DEM  Jan-10-06 11:52 AM   #0 
  - And if geologists are right, we're at Peak Oil. This is the best  Ezlivin   Jan-10-06 11:57 AM   #1 
  - Kunstler rocks. I think it will be more of a gradual descent, but no  lectrobyte   Jan-10-06 12:04 PM   #4 
  - disappointing earnings send stocks lower  AX10   Jan-10-06 11:58 AM   #2 
  - The jobs still aren't there- bad jobs and what is really needed-  wisteria   Jan-10-06 12:02 PM   #3 
  - I agree the economy is bad.  Jayhawk Lib   Jan-10-06 12:52 PM   #5 
  - As I see it  Demo5   Jan-10-06 12:58 PM   #6 
  - It's called guns & butter  Fredda Weinberg   Jan-10-06 01:08 PM   #8 
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  - Then how come I haven't had a raise since 2000?  Loonman   Jan-10-06 01:09 PM   #9 
  - .China to invest less in US dollar  medeak   Jan-10-06 01:10 PM   #10 
  - More smoke and mirrors.  Metta   Jan-10-06 02:00 PM   #11 
 

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